Bill Ulivieri is the owner of Cenacle Capital Management, an investment advocate and portfolio manager working with Individual Retirement Accounts and 401Ks for individual investors and small businesses.
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Q: How is the market doing so far in 2015?
A: There is an old market saying,”As January goes, so goes the year,” but for those who lack the patience to wait three more weeks for the guidance of this adage to become clear, there is hope.
According to the Stock Trader’s Almanac, published by Jeffery & Yale Hirsch (visit www.stocktradersalmanac.com), “As the first five days of January go, so goes January, and thus so goes the year.”
Their research shows that 35 of the past 41 Januaries with a positive “first five day” return, were followed by full-year gains (an 85% accuracy ratio). This year, based upon the S&P 500 Index [SPX], the market managed a gain of just 0.1% in the first 5 trading days
(thru 1/8/2015). (1)
Based on the historical trends, 2015 is set for an unchanged year. So big rallies should be sold, and any reasonable decline has to be bought.
Q: What are your clients talking about lately?
A: Oil and Interest rates.
My clients are looking for income, a reasonable rate of return and someone to manage the investments in their portfolio. With interest rates so low, we have identified some attractive areas.
DISCLAIMER: We do not have positions in any of these stocks. We’re are still performing our due diligence and will not be able to inform you if we decide they do not meet our criteria.
Ask your financial advisor or professional for his / her opinion.
NOT FDIC INSURED. MAY LOSE VALUE
These are not recommendations but ideas for review by an investment professional and savvy investors. Past performance is no guarantee of future results .
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Tax Free Domestic Insured Municipal Bond Funds
Symbol Name Price Yield
| NKX | Nuveen Insured California Tax Free Advantage Municipal Fund ( leverage) | 14.91 | 5.8 |
| BSE | BlackRock New York Insured Municipal Inc | 13.47 | 5.35 |
| MUC | BlackRock MuniHoldings California Insured Fund Inc | 14.85 | 5.46 |
| NEA | Nuveen Insured Tax-Free Advantage Municipal Fund | 14.22 | 5.78 |
| BYM | BlackRock Insured Municipal Income Trust | 14.63 | 5.86 |
Global Equity Closed End Funds
Symbol Name Price Yield
| BME | Blackrock Health Sciences Trust | 40.4 | 4.9 |
| BEP | Brookfield Renewable Energy Partners LP | 31.04 | 4.99 |
| IGR | ING Clarion Global Real Estate Income Fu | 9.24 | 5.84 |
| GRX | Gabelli Healthcare and WellnessRx Trust | 10.4 | 5.96 |
| HQH | H&Q Healthcare Investments | 32.94 | 6.74 |
Oil Related Dividend Paying Companies
Symbol Name Price Yield
| XOM | Exxon Mobil Corporation | $ 90.33 | 3.06 |
| DK | Delek US Holdings Inc. | $ 27.54 | 3.27 |
| OIH | Market Vectors Oil Services Fund | $ 64.39 | 2.68 |
| SXL | Sunoco Logistics Partners L.P. | $ 38.94 | 3.93 |
| WES | Western Gas Partners LP | $ 67.60 | 3.99 |
Footnotes: Dorsey Wright & Associates
Oil companies weakness hasn’t caught up yet with the fast decline in Oil, so investors need to be patient and selective. The result of over-producing $100.00 per barrel oil is $40.00 oil.
Wisdom tells us the best cure for lower prices is indeed lower prices! In the case of oil, the lower the price, the sooner production growth will (eventually) slow down as the lower price will force producers to cut-back on capital expenditures and research and development.
“As January goes, so goes the year”. January is the perfect month to check your account statements. If you don’t check your expenses, annual managment fees or consolidate your accounts, don’t expect anything to change in 2015.
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DISCLAIMER
Cenacle Capital Management LLC only transacts business in states where it is properly registered or notice filed, or excluded or exempted from registration requirements. Follow-up and individual responses that involve either the affecting or attempting to affect transactions in securities, or the rendering of personalized investment advice for compensation, as the case may be, will not be made absent compliance with state investment adviser and investment adviser representative registration requirements, or an applicable exemption or exclusion.
Past returns are not a guarantee of future results.
Please contact Cenacle Capital Management, LLC if there are any changes in your financial situation or investment objectives, or if you wish to impose,add or modify any reasonable restrictions to the management of your account. Our current disclosure statement is set forth on Part II of Form ADV and is available for your review upon request.